Health Economics

A very thorough introduction to health economics combining the important theoretical literature from economics, including neighboring fields, with an account of the actual systems which allocate medical care in its various dimensions. Kenneth J. Arrow, Joan Kenney Professor of Economics, Professor of Operations Research, Emeritus, and Stanford Health Policy Fellow, USA and Nobel Prize-winning economist With a readable, breezy style and a deft touch at explaining sophisticated concepts, Health Economics approaches health and health care from a uniquely modern and engaging economic perspective. This book should have very broad appeal. It will reward even the most well-informed readers who seek to understand the challenges facing the U.S. health care system, as well as anyone who would like to learn about applied economics or policy analysis. Alan Garber, Provost of Harvard University, Mallinckrodt Professor of Health Care Policy, Harvard Medical School and Professor of Economics, Harvard Kennedy School, USA 'This comprehensive and up-to-the-minute book offers an engaging introduction to the complex subject of health economics, covering every aspect of the market from compensation for doctors and nurses, to technological change, to the Affordable Care Act. I look forward to using this book in the classroom.' Janet M. Currie, Henry Putnam Professor of Economics and Public Affairs, Director of the Center for Health and Well-Being, Princeton University, USA 'This is an exceptionally rich and comprehensive undergraduate textbook in Health Economics. It covers the traditional building blocks of health economics, but also extends to behavioral health economics, public health economics and addresses pertinent policy questions that different countries with different health care models face. This book is a must for health economics courses throughout the world and a definite recommend as secondary reading for courses on the economics of the welfare state.' Maarten Lindeboom, Professor of Economics, VU University, the Netherlands A welcome new textbook that includes highly accessible treatment of the most important topics in modern health economics. This will be a student favorite. William Dow, Henry J. Kaiser Professor of Health Economics, University of California, Berkeley, USA An exceptionally well written textbook, broad in coverage, refreshingly non-technical, but nevertheless scholarly and thorough. Innovative chapters like economic epidemiology and thoughtful insights on demographic change as well as a review of new developments on public health economics and behavioral economics are most valuable; well-discussed phenomena like moral hazard and adverse selection are presented in a highly accessible manner. Konrad Obermann, Mannheim Institute of Public Health, Heidelberg University, Germany